The State Bank of India (SBI) authorities on Saturday announced to set up 36 SBI branches and 350 ATM counters in different parts of the State in order to provide better convenience to customers.
“We have set a target to inaugurate 36 SBI branches in the State on January 26, 2014 on the occasion of the Republic Day. We also contemplate to open 350 more ATM counters by the end of 2014,” said SBI local Head Office (lHO) Chief General Manager KM Trivedi here at a Press conference after inaugurating a two-day third edition of Home loan Expo, a property exhibition, being organsied by the SBI.
Stating that SBI is the market leader in home loans in the country with a volume of over `1,30,000 crore in the portfolio, out of which the portfolio under home loan in the SBI branches in Odisha is `2,776 crore as on December 31, 2013, Trivedi said efforts are on to give a further fillip to this type of finance in the State.
Trivedi too informed that the SBI has already entered into builder tie-ups in 142 projects in the State. Among others, SBI (lHO) Bhubaneswar General Managers Rajiv Verma and PVSlN Muthy were present.